Using blockchain to secure document movement Document driven workflows are prevalent in use cases ranging from land registries to corporate approvals. A centralized storage system can give room for manipulation of data and documents, which most often, is intended to effect material loss to specific individuals and/or cause reputational damage to an institution. Needless to …
emBlock – Smart Contracts for Insurance
On a daily basis, a typical insurance business deals with a number of processes involving an insurance contract. It can range from rating a client and deciding on a premium to paying a valid claim and investigating a fraudulent one. One technology which can disrupt this industry is Blockchain. The technology will change the way …
emBlock – Blockchain for Lending and Trade Finance
Process inefficiencies in payment methods like letters of credit and Bills of lading often undermine the ability to mitigate risk. But by modeling payments as self-executing contracts on blockchain, parties across the trade finance continuum could automate contract compliance and ensure faster assured payments by preventing disputes that arise from ambiguities in payment contract terms …
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eMudhra in the Press – Blockchain being used in Banking, Contracts
Date: 27th May 2018 An Industry story featuring eMudhra titled ‘Blockchain being used in Banking, Contracts’ has been published by The Hindu. To know more click here
emBlock: KYC on a Hyperledger Fabric
Financial institutions spend an average of $60 million per year on KYC compliance! Know your customer (KYC), while very useful for preventing and tracking crime, can also be a major burden for financial institutions and large customer-facing enterprises. The reason is because complying with KYC regulations is time consuming and expensive. More importantly, there’s a …
emBlock – A ready Prototype for Smart Contracts on Hyperledger – Blockchain
Are you concerned about the maintenance, security and verification of your contracts? Worried about alteration, manipulation and frauds? Blockchain is a cutting edge technology that is expected to revolutionize industries in terms of bringing in more transparency, efficiency and not to forget, enabling paperless transformation. eMudhra’s emBlock is The Technology you should consider embracing. We …
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